Third Century Bancorp Balance Sheet Health
Financial Health criteria checks 5/6
Third Century Bancorp has total assets of $312.9M and total equity of $9.5M. Total deposits are $246.1M, and total loans are $193.8M. It earns a Net Interest Margin of 4.8%. It has sufficient allowance for bad loans, which are currently at 0.03% of total loans. Cash and short-term investments are $13.5M.
Key information
32.9x
Asset to equity ratio
4.8%
Net interest margin
Total deposits | US$246.12m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.03% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$13.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TDCB's Assets to Equity ratio (32.9x) is very high.
Allowance for Bad Loans: TDCB has a sufficient allowance for bad loans (3733%).
Low Risk Liabilities: 81% of TDCB's liabilities are made up of primarily low risk sources of funding.
Loan Level: TDCB has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: TDCB's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: TDCB has an appropriate level of bad loans (0%).